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Top 10 People You Wouldn’t Believe Own Cars Worth Half A Billion Naira in 2024

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Can someone really own a car worth up to half a billion naira? Like 500,000,000?? Oh yes, some people really can.

For some, cars are just a means of transportation, for others cars are both for transportation as well as proof of their luxury and wealth. Want to know the owners of cars worth half a billion naira? In this article, https://carmart.ng brings you the wealthy owners of cars worth half a billion naira!

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Jamil Abubakar

Jamil Abubakar Bugatti Veyron
Jamil Abubakar Bugatti Veyron

Jamil Abubakar is the son-in-law of Aliko Dangote- the richest man in Nigeria. He is the son of the former Nigerian Inspector General of Police and is married to Fatima Dangote daughter of Nigerian Billionaire Aliko Dangote. As of 2021, he is 35 years old. He was born on January 29, 1986.

Jamil Abubakar is a Nigerian, IT expert, and a professional Pilot, who works with Azman Air Services. He completed his aviation training at Epic Aviation in New Smyrna FL, United States (Private Pilot License, Instrument License and Commercial Pilot License), Aerostar in Orlando FL, United States (Type Rating Boeing 737-NG (600-900, BBJ)), SIM Aero in Paris, France (Type Rating Fokker 100) and BMA Aviation in Atlanta GA, United States.

Jamil Abubakar is a wealthy young man who sits on the board of directors of various oil and gas companies. He has a staggering net worth that makes it easy for him to afford a car worth up to half a million! He drives a Bugatti Veyron 16.4 SuperSport Worth over $2.4 million.

Kola Aluko

Kola Aluko bugatti Veyron Grand Sport
Kola Aluko bugatti Veyron Grand Sport

Kola Aluko is yet another wealthy man in Nigeria who is able to buy a car worth half a million. Born to Chief Akanni Aluko, from Ilesha, Osun State, and Mrs Aluko, Kola Aluko is the founder of Fossil Resources, an oil trading company. He was born on October 20th, 1969 in Lagos, Nigeria.

Kola Aluko is an astute businessman and is very successful. For a wealthy man like Kola Aluko, buying luxury cars is quite easy. He is the gallant owner of a  Bugatti Veyron Grand Sport which costs about ₦930m.

Aliko Dangote

Aliko Dangote is a business magnate, an entrepreneur and a philanthropist. He was born on 10th April 1957 to a wealthy Muslim family. Aliko’s business venture started when he was 8. The start of the Dangote Group dates back to a small trading unit in 1977. Now the business has become a conglomerate involved in cement, flour, salt production, etc. The business has thousands of employees. With a net worth of $12.1 billion, Aliko Dangote is the richest man in Nigeria and also in Africa. Aliko Dangote has been awarded several accolades including; the “Grand Commander Of the Order of the Niger” (GCON) by former President Goodluck Jonathan in November 2011.

With a massive network like this, Aliko Dangote has a Bugatti Veyron packed in his garage which he uses for his official trips. This Bugatti Veyron cost him nothing less than $2,000,000 to bring home. That’s more than 1 billion NGN to buy a single car! The Bugatti Veyron can reach up to 431km/h and accelerate up to 100km/h in just 2.5. The exquisite car is a prestigious car and also comes with quality materials, up-to-date infotainment, and smart ergonomics.

Dino Melaye

Rolls-Royce and Mercedes
Dino Melaye Rolls-Royce and Mercedes 

Once a member of the House of Representatives, Dino Melaye is a politician, lawmaker, and former senator of Nigeria. Serving as a senator, Dino Melaye represented the Kogi West Senatorial District under the People’s Democratic Party. Senator Dino Melaye is one of the few senators who has stirred controversy in Nigeria with his attitudes and words. He is often referred to as the ‘singing senator’.

Dino Melaye is a wealthy man with a net worth of $800 million. Reports have it that he also has a Bugatti Veyron which costs over 500 million NGN. The Bugatti Veyron is simply a speed god and a classic car to own.

Davido

Davido is a music celebrity loved by many Nigerians. His recent feat of donating 250 million NGN to orphans and the less privileged in Nigeria has further made him more popular both locally and internationally. Born on November 21, 1992, Davido has released various hit tracks and won numerous awards. The ‘Omo Baba Olowo’ as he loves to call himself was born in Atlanta, US, and raised in Lagos.

Davido has a mouth-watering net worth running into millions of naira. He loves luxury cars and enjoys living in fantastic houses. He owns a 2021 Rolls Royce Cullinan which is worth almost half a billion NGN.

Jowi Zaza

Jowizaza Biography, Net Worth, House & Cars
Jowizaza Biography, Net Worth, House & Cars

Every car in the Jowi Zaza’a collection is worth millions of naira. The young billionaire is a lover of exotic cars and is not shy to flaunt them. Joseph Eze Okafor, Jnr, popularly called Jowi Zaza is one of the youngest billionaire celebrities in Nigeria. He was born into a wealthy family. His father, Chief Joseph Eze Okafor, is a wealthy oil and gas business magnate. Jowi Zaza has also followed his father’s path by becoming the Chief Executive Officer of his father’s business, Jezco Oil and Lubricants. Jowi Zaza also enjoys the convenience and experience of owning a Rolls Royce Phantom, Lamborghini Aventador, Brabus G-Wagon etc which is worth over half a billion NGN.

Obi Cubana

Obi Cubans is a Nigerian-born entrepreneur and show promoter. He is the CEO of the Cubana group. His friend list contains wealthy and influential Nigerian celebrities, the likes of Jowi Zaza, Kcee, E-Money, Davido, Cubana High Priest, etc. With a net worth estimated at $96 million, Obi Cubans own luxurious cars including Rolls Royce Phantom, customized bulletproof Mercedes Benz etc worth over 500 million NGN.

Man Like Chico

Chibuzor Madubuko, popularly known as Man Like Chico, is a rich Nigerian billionaire and one of the few who owns cars worth half a billion. Man Like Chico is the Director of De Chico Group, a conglomerate that manufactures and distributes roofing, insulation, sheathing, and related materials. He is also the CEO of Royal Diamond Investment. His fleet of cars includes classic cars like Rolls Royce Phantom, Lamborghini Urus, Bentley etc.

E-Money

E-Money is another young billionaire in Nigeria. He is the CEO of Five Star Group and Emy Cargo Limited. He established Emy Cargo in 2007. This company is one of the best freight forwarding and shipping services companies in Africa. The company also sells both new and used American cars. His wealthy garage consists of exotic cars like Rolls Royce, Maybach, Mercedes Benz Sprinter, and many others.

Arthur Eze

Born on the 27th of November 1948 in Ukp, Dunukofia LGA, in Anambra State, Arthur Eze had his secondary school education at St. Augustine Secondary School in Nkwere, Imo State in 1970 after which he went for his degree in Mechanical and Chemical Engineering at  California State University from 1974. He is the Chief Executive Officer of Atlas Oranto Petroleum, one of the biggest privately-owned petroleum companies in Nigeria. Arthur Eze’s garage is blessed with various expensive cars.

It is reported that he has 5 Rolls Royce each costing about 180 million NGN.

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The articles published by the Carmart team are a well-researched and informative collection of content contributed by the entire team of Carmart Nigeria. This content spectrum covers a wide range of topics in the automotive sector, including press releases, formal announcements, celebrity cars, new car releases, African car posts, car maintenance tips, safety tips, and much more. Carmart.ng is a blog that focuses on vehicle news in Nigeria. The blog covers a variety of topics such as car reviews, industry news, buying guides, maintenance tips, and automotive technology updates. These blogs can be a valuable resource for car enthusiasts, buyers, and anyone interested in staying up-to-date with the latest trends in the automotive world.

8 Comments

  1. I’m challenged no female in that list,I’m joining that list in Jesus name to have one of the best cars

  2. Udeogu Domonic Chinefu Reply

    By the authority in the name of Jesus Christ through Faith i will be among you guys one day. Amen

  3. Obi cubans please I need your help thing are difficult for me no helper please come to my aid god bless you more

  4. I celebrate them as the enjoy their wealth but where is the abundant road to enjoy, such cars? They should unify and develop the nation in an organized manner. The more the help fix the country they more they will rake in the papers

  5. Amandianeze chimezie Martin Reply

    I really appreciate who knows my feelings, help me out from poverty pls

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